Compute the companys margin, turnover, and return on investment (ROI) for last year. (Round your Turnover answer to 1 decimal place. Round your Margin and ROI percentage answers to 1 decimal place (i.e 0.123 should be entered as 12.3.))

The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 17%. What was the companys residual income last year?

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending BalanceBalance Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) $ 138,000 $127,000 474,000 484,000 845,000 426,000 247,000 346,000 561,000 845,000 402,000 249,000 Total assets $2,541,000 $2,603,000 Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity $ 375,000 $ 336,000 951,000 1,215,000 1,316,000 951,000 Total liabilities and stockholders'ity$2,541,000 $2,603,000 Joel de Paris, Inc. Income Statement Sales Operating expenses $ 4,584,000 3,942,240 641,760 Net operating income Interest and taxes Interest expense Tax expense 115,000 193,000 308,000 Net income $ 333,760 The company paid dividends of $232,760 last year. The "Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company. Required 1. Compute the company's margin, turnover, and return on investment (ROI) for last year. (Round your Turnover answer to 1 decimal place. Round your Margin and ROI percentage answers to1 decimal place (i.e 0.123 should be entered as 12.3.)) Margin Turnover ROI 2. The board of directors of Joel de Paris, Inc., has set a minimum required rate of return of 17%, what was the company's residual income last year? Net operating income Minimum required return Residual income